THE INSTITUTE OF HEALTHCARE ENGINEERING AND ESTATE MANAGEMENT
Financial health, per its FY2024 accounts
The accounts state that the charity generated a surplus of £81,428 for the year ended 31 December 2024, with total income of £1,176,108. Per the trustees' report, free cash reserves amounted to £784,565, which exceeds the stated policy target of £250,000. The decrease in reserves from the previous year was primarily due to a £348,231 investment in head office refurbishment.
What the accounts disclose
“2 employees received emoluments in excess of £60,000 (2023: 2).” — page 39
“A level of free reserves of £250,000 equating to approximately six months management, administration is considered appropriate.”
“During the year, the charitable company incurred consultancy costs totalling £1,580 (2023: £NIL) from PNFM Consulting Ltd, a business partly owned by a trustee, P Fenton. At the year end, the charitable company owed £NIL (2023: £NIL) to PNFM Consulting Ltd. These transactions were on an arm's length commercial basis.” — page 43
“There was £962 due to the pension scheme administrator at the year end (2023: £NIL).”
“The charity's wholly owned trading subsidiary, IHEEM Limited (Company No: 10905009), which is incorporated in England and Wales, pays all of its profits to the charity.” — page 36
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Alan Spraggon
- Alison Jane Ryan
- Claire Hennessy
- James Adam Chadwick
- James Leiper
- Martyn John William Jeffery
- NIGEL JAMES KEERY
- Paul Rodgers
- Peter James Davies
- Richard Douglas Harris
- Simon Paul Adamson
- Warren Duffy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £1.2m | £1.1m |
| 31/12/2024 | £1.2m | £1.1m |
| 31/12/2023 | £963k | £742k |
| 31/12/2022 | £915k | £720k |
| 31/12/2021 | £520k | £482k |
Common questions
Is THE INSTITUTE OF HEALTHCARE ENGINEERING AND ESTATE MANAGEMENT financially healthy?
The accounts state that the charity generated a surplus of £81,428 for the year ended 31 December 2024, with total income of £1,176,108. Per the trustees' report, free cash reserves amounted to £784,565, which exceeds the stated policy target of £250,000. The decrease in reserves from the previous year was primarily due to a £348,231 investment in head office refurbishment. Its FY2024 accounts were audited by MC Audit Limited.